Revealed: Who Actually Caused America's Financial Collapse

[Flaylo]

Robert J. Elisberg: Revealed: Who Actually Caused America's Financial Collapse


Yup, Americas teachers are the cause, you know, those teachers who raked it more money than the fucktards from those government bailed out companies who took millions in bonuses in the form of taxpayer money. America's public teachers took in more money than them.

 

[Oddball]

 

[blastoff]

Robert J. Elisberg: Revealed: Who Actually Caused America's Financial Collapse


Yup, Americas teachers are the cause, you know, those teachers who raked it more money than the fucktards from those government bailed out companies who took millions in bonuses in the form of taxpayer money. America's public teachers took in more money than them.

Well, you can blame Barry boy for the AIG bonuses. Remember when Chris Dodd took flak for their bonuses included in a bill? One day he claimed he had no idea how the bonus language got into it, but the heat got so bad he was forced a day or two later to admit he did it on the advice of the White House.

But what's the big deal? Look at all the jobs the administration created with their nearly trillion dollars of bailouts. Thank God we had enough shovels ready to handle all the work, huh?

 

[Flaylo]

Robert J. Elisberg: Revealed: Who Actually Caused America's Financial Collapse


Yup, Americas teachers are the cause, you know, those teachers who raked it more money than the fucktards from those government bailed out companies who took millions in bonuses in the form of taxpayer money. America's public teachers took in more money than them.

Well, you can blame Barry boy for the AIG bonuses. Remember when Chris Dodd took flak for their bonuses included in a bill? One day he claimed he had no idea how the bonus language got into it, but the heat got so bad he was forced a day or two later to admit he did it on the advice of the White House.

But what's the big deal? Look at all the jobs the administration created with their nearly trillion dollars of bailouts. Thank God we had enough shovels ready to handle all the work, huh?

Blame Obama and not Bush with his bailouts? How about blaming the GOp for pushing for less regulation and oversight?

 

[whitehall]

Barney Frank said he did it. During his campaign he said he had "ideological blinders on" as House banking chairperson and let Fannie Mae collapse. Frank Raines is an Obama financial advisor. As CEO of Fannie it is alleged that he cooked the books to show a fake profit that was tied to his bonus money and walked away with 90 Million (taxpayer) dollars for three years work.

 

[kaz]

Robert J. Elisberg: Revealed: Who Actually Caused America's Financial Collapse


Yup, Americas teachers are the cause, you know, those teachers who raked it more money than the fucktards from those government bailed out companies who took millions in bonuses in the form of taxpayer money. America's public teachers took in more money than them.

The amazing ability of the left to make any discussion more idiotic...

 

[Mr. Shaman]

Robert J. Elisberg: Revealed: Who Actually Caused America's Financial Collapse


Yup, Americas teachers are the cause, you know, those teachers who raked it more money than the fucktards from those government bailed out companies who took millions in bonuses in the form of taxpayer money. America's public teachers took in more money than them.

Yeah....and, they must have had Phil Gramm working (undercover) for them.....


*
​

 

[Skull Pilot]

Robert J. Elisberg: Revealed: Who Actually Caused America's Financial Collapse


Yup, Americas teachers are the cause, you know, those teachers who raked it more money than the fucktards from those government bailed out companies who took millions in bonuses in the form of taxpayer money. America's public teachers took in more money than them.

Well, you can blame Barry boy for the AIG bonuses. Remember when Chris Dodd took flak for their bonuses included in a bill? One day he claimed he had no idea how the bonus language got into it, but the heat got so bad he was forced a day or two later to admit he did it on the advice of the White House.

But what's the big deal? Look at all the jobs the administration created with their nearly trillion dollars of bailouts. Thank God we had enough shovels ready to handle all the work, huh?

Blame Obama and not Bush with his bailouts? How about blaming the GOp for pushing for less regulation and oversight?

tell me exactly what regulation Bush did away with that you think caused the financial fiasco.

here is a hint,there weren't any

The great Bush 'deregulation' myth :: Jeff Jacoby

Bush's massive regulatory rollback is mostly urban legend. Far from throwing out the rulebook, the administration has expanded it: Since Bush became president, the Federal Register -- the government's annual compendium of proposed and finalized regulations -- has run to more than 74,000 pages every year but one. During the Clinton years, by contrast, the Federal Register reached that length just once.

 

[Mr. Shaman]

Barney Frank said he did it. During his campaign he said he had "ideological blinders on" as House banking chairperson and let Fannie Mae collapse. Frank Raines is an Obama financial advisor. As CEO of Fannie it is alleged that he cooked the books to show a fake profit that was tied to his bonus money and walked away with 90 Million (taxpayer) dollars for three years work.

Gee.....how creative, of you!!

All of this.....without any (actual) details.

 

[Mr. Shaman]

Robert J. Elisberg: Revealed: Who Actually Caused America's Financial Collapse


Yup, Americas teachers are the cause, you know, those teachers who raked it more money than the fucktards from those government bailed out companies who took millions in bonuses in the form of taxpayer money. America's public teachers took in more money than them.

The amazing ability of the left to make any discussion more idiotic...

Yeah.....how unfortunate the left doesn't have a mentor, like.....​

P-P-P-PORKY!!!​

 

[JFK_USA]

Those damn teachers. They get GOLD BRICKS son. They make it rain on us fools. I mean who are these bastards? My neighbor? Me? I am the enemy!!!!

GOLD BRICKS SON!

 

[Avatar4321]

The financial collapse was caused by dishonest and corrupt politicians and businessmen, as well as dishonest people taking loans they couldnt or wouldn't pay back.

 

[Mr. Shaman]

Well, you can blame Barry boy for the AIG bonuses. Remember when Chris Dodd took flak for their bonuses included in a bill? One day he claimed he had no idea how the bonus language got into it, but the heat got so bad he was forced a day or two later to admit he did it on the advice of the White House.

But what's the big deal? Look at all the jobs the administration created with their nearly trillion dollars of bailouts. Thank God we had enough shovels ready to handle all the work, huh?

Blame Obama and not Bush with his bailouts? How about blaming the GOp for pushing for less regulation and oversight?

tell me exactly what regulation Bush did away with that you think caused the financial fiasco.

here is a hint,there weren't any

The great Bush 'deregulation' myth :: Jeff Jacoby

Bush's massive regulatory rollback is mostly urban legend. Far from throwing out the rulebook, the administration has expanded it: Since Bush became president, the Federal Register -- the government's annual compendium of proposed and finalized regulations -- has run to more than 74,000 pages every year but one. During the Clinton years, by contrast, the Federal Register reached that length just once.

Only the White Wing spin-machine could have come-up with that one.

Anyone, who's been paying-attention, knows full-and-well it was McBush's (eventual) financial-advisor who ran that (legislative) scam.​

"The general co-chairman of John McCain’s presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law that Democrat Barack Obama claimed on Thursday contributed significantly to today’s economic turmoil.

Gramm’s role in the swift and dramatic recent restructuring of the nation’s investment houses and practices didn’t stop there.

A year after the Gramm-Leach-Bliley Act repealed the old regulations, Swiss Bank UBS gobbled up brokerage house Paine Weber. Two years later, Gramm settled in as a vice chairman of UBS’s new investment banking arm.

Later, he became a major player in its government affairs operation. According to federal lobbying disclosure records, Gramm lobbied Congress, the Federal Reserve and the Treasury Department about banking and mortgage issues in 2005 and 2006.

During those years, the mortgage industry pressed Congress to roll back strong state rules that sought to stem the rise of predatory tactics used by lenders and brokers to place homeowners in high-cost mortgages.

For his work, Gramm and two other lobbyists collected $750,000 in fees from UBS’s American subsidiary. In the past year, UBS has written down more than $18 billion in exposure to subprime loans and other risky securities and is considering cutting as many as 8,000 jobs."

Sub-Prime Crash; Another Texan's Hu$tle​

 

[Skull Pilot]

Blame Obama and not Bush with his bailouts? How about blaming the GOp for pushing for less regulation and oversight?

tell me exactly what regulation Bush did away with that you think caused the financial fiasco.

here is a hint,there weren't any

The great Bush 'deregulation' myth :: Jeff Jacoby

Only the White Wing spin-machine could have come-up with that one.

Anyone, who's been paying-attention, knows full-and-well it was McBush's (eventual) financial-advisor who ran that (legislative) scam.​

"The general co-chairman of John McCain’s presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law that Democrat Barack Obama claimed on Thursday contributed significantly to today’s economic turmoil.

Gramm’s role in the swift and dramatic recent restructuring of the nation’s investment houses and practices didn’t stop there.

A year after the Gramm-Leach-Bliley Act repealed the old regulations, Swiss Bank UBS gobbled up brokerage house Paine Weber. Two years later, Gramm settled in as a vice chairman of UBS’s new investment banking arm.

Later, he became a major player in its government affairs operation. According to federal lobbying disclosure records, Gramm lobbied Congress, the Federal Reserve and the Treasury Department about banking and mortgage issues in 2005 and 2006.

During those years, the mortgage industry pressed Congress to roll back strong state rules that sought to stem the rise of predatory tactics used by lenders and brokers to place homeowners in high-cost mortgages.

For his work, Gramm and two other lobbyists collected $750,000 in fees from UBS’s American subsidiary. In the past year, UBS has written down more than $18 billion in exposure to subprime loans and other risky securities and is considering cutting as many as 8,000 jobs."

Sub-Prime Crash; Another Texan's Hu$tle​

So what regulation(s) did Bush do away with that caused all our problems?

Please be specific. Because we all know that Clinton not Bush signed the Graham, Leach Bailey act into law.

 

[Mr. Shaman]

The financial collapse was caused by dishonest and corrupt politicians and businessmen, as well as dishonest people taking loans they couldnt or wouldn't pay back.

Your stupidity & bigotry are showing....just like Wall Street had planned.....

​

 

[Avorysuds]

The financial collapse was caused by dishonest and corrupt politicians and businessmen, as well as dishonest people taking loans they couldnt or wouldn't pay back.

Thanks you, a moment of sanity in an otherwise full of shit and pointless thread.
Here’s me betting it goes unnoticed.

 

[Jarhead]

The financial collapse was caused by dishonest and corrupt politicians and businessmen, as well as dishonest people taking loans they couldnt or wouldn't pay back.

It was created this way...

Mortgage broker pushes a loan so he can make a commission (in the wrong, but not illegal)
Borrower lies on application about income seeing as he was told by the broker that it is a no income check loan (More in the wrong and illegal becuase he signed an affidavit swearing to the validity of the infomration)
Bank underwriter apporves loan (worng by the bank without checking income. but following rules set by the government to meet quotas)
Bank sells loan (wrong for not informing purchaser of loan that it was a no income check loan)
Barney Frank who is paid to make sure all of this doesnt happen, allows it to happen becuase he was too busy watching his pot plant grow.(wrong and should have been forced to resign)

 

[Mr. Shaman]

tell me exactly what regulation Bush did away with that you think caused the financial fiasco.

here is a hint,there weren't any

The great Bush 'deregulation' myth :: Jeff Jacoby

Only the White Wing spin-machine could have come-up with that one.

Anyone, who's been paying-attention, knows full-and-well it was McBush's (eventual) financial-advisor who ran that (legislative) scam.​

"The general co-chairman of John McCain’s presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law that Democrat Barack Obama claimed on Thursday contributed significantly to today’s economic turmoil.

Gramm’s role in the swift and dramatic recent restructuring of the nation’s investment houses and practices didn’t stop there.

A year after the Gramm-Leach-Bliley Act repealed the old regulations, Swiss Bank UBS gobbled up brokerage house Paine Weber. Two years later, Gramm settled in as a vice chairman of UBS’s new investment banking arm.

Later, he became a major player in its government affairs operation. According to federal lobbying disclosure records, Gramm lobbied Congress, the Federal Reserve and the Treasury Department about banking and mortgage issues in 2005 and 2006.

During those years, the mortgage industry pressed Congress to roll back strong state rules that sought to stem the rise of predatory tactics used by lenders and brokers to place homeowners in high-cost mortgages.

For his work, Gramm and two other lobbyists collected $750,000 in fees from UBS’s American subsidiary. In the past year, UBS has written down more than $18 billion in exposure to subprime loans and other risky securities and is considering cutting as many as 8,000 jobs."

Sub-Prime Crash; Another Texan's Hu$tle​

So what regulation(s) did Bush do away with that caused all our problems?

Please be specific. Because we all know that Clinton not Bush signed the Graham, Leach Bailey act into law.

oooooooooooooooooooooo.....another great distraction.

You're the only person who keeps mentioning Lil' Dumbya.

Move along, Skippy........​

 

[Skull Pilot]

Only the White Wing spin-machine could have come-up with that one.

Anyone, who's been paying-attention, knows full-and-well it was McBush's (eventual) financial-advisor who ran that (legislative) scam.​

So what regulation(s) did Bush do away with that caused all our problems?

Please be specific. Because we all know that Clinton not Bush signed the Graham, Leach Bailey act into law.

oooooooooooooooooooooo.....another great distraction.

You're the only person who keeps mentioning Lil' Dumbya.

Move along, Skippy........​

So tell me in the last Presidential administration, what wonderful regulatory laws were repealed so as to lead us down the path of destruction

Surely you must have the entire list saved on your hard drive​

 

[xsited1]

Robert J. Elisberg: Revealed: Who Actually Caused America's Financial Collapse


Yup, Americas teachers are the cause, you know, those teachers who raked it more money than the fucktards from those government bailed out companies who took millions in bonuses in the form of taxpayer money. America's public teachers took in more money than them.

You're as bad as Care4All when it comes to separating fact from fiction.